205 Fellowship RdSaltilloMS38866
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Saltillo at 205 Fellowship Rd, Saltillo, MS, 38866 priced at $181,814 converts $1,427/mo rent into $314/mo cash flow after a $890/mo obligation. Total monthly income equals $1,427/mo, and annual cash flow totals $3,771/yr on $60,271 invested. Return on cash invested prints 26.17% in year one, and rental yield reads 9.42% against a $181,814 entry. Equity gained on principal adds $1,173/yr, while 5% annual appreciation compiles into $50,232 by year five. Five-year ROI reaches 136.38% and total cumulative return in cash sums $82,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,427/mo property income covering a $890/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38866, Saltillo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,595 (100%) |
| Owner Occupied HU | 3,981 (71.2%) |
| Renter Occupied HU | 1,062 (19.0%) |
| Vacant Housing Units | 552 ( 9.9%) |
| Median Home Value | $235,167 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,995
Multi-Family
0
Businesses
286
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Listed by: Terri R Jones • Simply Realty
Mls Name: MLS United
Mls ID: #4134976